Company can turn out products at the rate

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The Bancroft Manufacturing Company can turn out products at the rate of 14,000 a day. Usage is 4,000 units a day. The cost of a setup for production is $1000. The number of units used in a year is 1,440,000. The carrying cost per unit per year is $28. The optimum production lot size is: The Min cost is: a. 14,000 a. $200,000 b. 4,000 b. $650,000 c. 1,440,000 c. $800,000 d. 12,000 d. $240,000 e. 25,000 e. $150,000 Indicate the right answer, only one for each column:

Reference no: EM131711775

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